Property description
Premium 12Unit Residential Portfolio
High-Density, Low Maintenance Income Asset
A rare opportunity to acquire two adjacent, high-yielding residential properties (12 units total) engineered for maximum net returns and effortless, low headache management.
Executive Financial Summary
Current Net Income: R38,900 / month
Projected Net Income (Fully Let): R42,000 / month
Total Monthly Expenses: Only R6,050 (Combined)
Key Investor Highlights
Zero Utility Risk: Every unit features individual prepaid electricity and prepaid water meters, eliminating tenant default risks.
Water Security: On-site borehole connected to a 10,000L JoJo tank, fully piped to all units to hedge against municipal disruptions.
Low Maintenance: 75% facebrick exterior drastically reduces long-term painting and upkeep costs.
Parking: 12 secure, on-site parking bays (1 bay per unit).
Property Breakdown
Property 1 (5 Units)
Layout: 5 x spacious 2-bedroom units
Current Gross Income: R18,000
Fixed Expenses: R2,089.18 (Sewer, Refuse, Rates)
Current Net Income: R15,910.82
Property 2 (6 Units)
Layout: 4 x 2-bedroom units & 2 x 3-bedroom units
Current Gross Income: R27,000
Expenses: R3,950 (Water, Prepaid Fees, Municipalities)
Current Net Income: R23,050
- Study
- Staff Accommodation
- Store Room
- Freehold
- Security Features
- Walling: Fully Walled
